1. Recap: Reliance communication gave a real breakout and all day traders made a lot of money with this only recommendation given yesterday for today's trading. As advised day before yesterday Tata Motors crossed 800 mark.
2. Indian Stock market daily update:Intraday volatility but technically market is in uptrend.Keep a watch on Nifty and Sensex levels as indicated earlier.Intra day volatility was the highest yesterday.The major intraday swings for year 2007 is as listed below:
Sensex swings in 2007
10/3/2007 665
8/21/2007 592.58
8/17/2007 538.68
3/7/2007 511.72
2/23/2007 503.19
3.Strong Future Stocks
MRPL
Sesa Goa
Lanco Infratech
Aditya Birla
Reliance Energy
RNRL
Tata Power
Jaiprakash Hydro
Rel Capital
Nagarjuna Fertilisers
4. Weak Future Stocks
TVS Motor
Strides Acrolab
Maharashtra Seamless
Aia Engineering
Ballarpur Industries
Glaxo
Sun TV
I-Flex
Matrix Lab
Patni Computer
5. Key world indices:
SENSEX 17847.00(+518.42)
NIFTY 5210.80(+141.85)
FTSE 6536.50(+0.46%)
NASDAQ 2747.11(+0.22%)
DOW JONES14047.31(-0.29%)
NIKKEI 16846.00(0.00)
6. Free Indian Share Tips for day trading:
(a)Buy NTPC>220.05,223.7,226,235 Sl 216.75
(b)Buy IDEA>130.05,131.8,136,137.9 SL 126.45. It is also one of my favourite scrip and has been recommended as a delivery and has so far given returns and has a bright future.
(c)Buy Bajaj AUTO>2550.05,2559,2579 Sl 2527. I HAVE RECOMMENDED THIS SCRIP AS A DELIVERY AROUND 2000 LEVELS WHEN SPLIT WAS OCCURING BETWEEN BROTHERS.
7.Long Term Delivery:One can buy DLF and hold it for a year to realise its full potential and will give close to 50% returns by crossing 4 digit mark. Accumulate in drawdowns.Keep this scrip at back of your mind which is comparable to Infosys in real estate sector.
8.Watch:For investing in INFOSYS click here to get update for Infosys and all those who have missed the entry price can consider entering above 2041.05
9.NOTE: I AM ON LEAVE AND THUS CAN GIVE CALLS DURING DURATION OF TRADING HOURS,SO DO CHECK THE SITE FREQUENTLY DURING THE DAY TO BENEFIT FROM LIVE TRADING CALLS
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